South Korean Media Stocks Rated New ‘In-Line’ at Morgan Stanley

By Shiyin Chen -
Oct 12, 2010

South Korean media stocks were rated
“in-line” in new coverage at Morgan Stanley, which said recent
announcements on deregulation should benefit advertising
agencies while television broadcasting faces rising competition.

The brokerage initiated Cheil Worldwide Inc. and CJ CGV Co.
with “overweight” ratings, according to a report by Shawn Kim
and Hyun Taek Lee.